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The Dow Jones industrial average fell 68.25 points, or 0.38 percent, to 17,851.04, the S&P 500 lost 5.06 points, or 0.24 percent, to 2,114.15 and the Nasdaq Composite dropped 36.35 points, or 0.7 percent, to 5,171.77.

IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas like security software, cloud services and data analytics.

CNBC-TV18 learns that June 30 were the last date to submit the bids where in 5 major IT players submitted their bids. The bidders include TCS, Infosys,Wipro,HCL and the largest player of the IT sector, Tech Mahindra.

Capgemini had offered USD 48 for every I-Gate share as part of the definitive merger agreement. The merged group would have around 1,90,000 employees and an operating margin of 10 percent, Capgemini said.

Germanys largest lender, which is overhauling its own infrastructure, said it would work with three technology partners for the labs, including Microsoft in Berlin, HCL in London and IBM in Silicon Valley.

HDFC Bank is ranked at 74th position in the BrandZ list compiled by Millward Brown, a global research agency, in association with WPP. As per the report, the bank is the India's most valuable brand with a value of USD 14 billion.

The Dow Jones industrial average fell 68.25 points, or 0.38 percent, to 17,851.04, the S&P 500 lost 5.06 points, or 0.24 percent, to 2,114.15 and the Nasdaq Composite dropped 36.35 points, or 0.7 percent, to 5,171.77.

IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas like security software, cloud services and data analytics.

CNBC-TV18 learns that June 30 were the last date to submit the bids where in 5 major IT players submitted their bids. The bidders include TCS, Infosys,Wipro,HCL and the largest player of the IT sector, Tech Mahindra.

Capgemini had offered USD 48 for every I-Gate share as part of the definitive merger agreement. The merged group would have around 1,90,000 employees and an operating margin of 10 percent, Capgemini said.

Germanys largest lender, which is overhauling its own infrastructure, said it would work with three technology partners for the labs, including Microsoft in Berlin, HCL in London and IBM in Silicon Valley.

HDFC Bank is ranked at 74th position in the BrandZ list compiled by Millward Brown, a global research agency, in association with WPP. As per the report, the bank is the India's most valuable brand with a value of USD 14 billion.

Indian ratios through population metrics blah blah blah….
Why is that COMPETENCY LEVELS of management is never a discussion point for most of these companies who destroy wealth n its sparingly used to justify some ultra ultra high valuations which are never given to a Google, Apple, IBM, GE in their life

be used to make acquisitions and become one of the top three global IT companies with its own intellectual properties, products and platforms. TCS should be much more than an IT services company arbitraging on labour costs. It should be targeting the likes of IBM and Accenture, not playing lender of last

Good opportunity for TechM
"The Financial Review understands the Superpartners board was evaluating two fresh proposals – a joint ­offering from IBM and super industry specialist Link Group and one from Indian technology vendor Tech Mahindra."

that all can enter and wade into the Digital waters, for many of them it may just be a wish, Even the Accentures and KPMG`s and E&Y`s and IBM`s are all laying emphasis on Digital, but check out how many of them have the balls to talk ROI and that should help you understand where YD is hunkered down

SMAC: Ushering next growth wave in IT Services
Companies covered - Accenture, TCS, Infosys, IBM
Multi-year traction as large firms go Digital
Trend 1- Big is the next big thing
Every business, big or small, is portraying itself as a Digital one. The adoption of a Digital strategy or roadmap